With a market cap of $18mil and Management's talk of dividends, you're almost justified in talking about price earning ratios which for 2011 is probably around 2 - it's still hard to imagine dividends but they are making profits now and there is equity in the business thanks to that sale of Marcellus acreage in July,2010 for $24.6mil.
It will be interesting to see how much in bonuses the CEO has given himself in the latest six month period given the fact he's closed this latest deal - he's not shy.
- Forums
- ASX - By Stock
- Ann: Acquisition Update and Drilling Program
With a market cap of $18mil and Management's talk of dividends,...
-
- There are more pages in this discussion • 34 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IMP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online